Cambridge Savings Bank
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Cambridge Savings Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 152 | $79.9M | $525K | 14.4% |
| 722513 | Limited-Service Restaurants | 64 | $25.0M | $391K | 6.1% |
| 238150 | Glass and Glazing Contractors | 56 | $16.0M | $286K | 5.3% |
| 445320 | Other | 40 | $20.4M | $510K | 3.8% |
| 423910 | Sporting and Recreational Goods and Supplies Merchant Wholesalers | 32 | $27.3M | $854K | 3.0% |
| 541690 | Other Scientific and Technical Consulting Services | 32 | $8.8M | $275K | 3.0% |
| 236115 | New Single-Family Housing Construction (except Operative Builders) | 24 | $8.8M | $367K | 2.3% |
| 624410 | Child Day Care Services | 24 | $1.7M | $71K | 2.3% |
| 812910 | Pet Care (except Veterinary) Services | 24 | $1.2M | $48K | 2.3% |
| 722310 | Food Service Contractors | 24 | $7.5M | $313K | 2.3% |
Geographic Distribution
SBA lending activity for Cambridge Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 984 | $370.4M | 93.2% |
| District of Columbia (DC) | 16 | $18.8M | 1.5% |
| New Hampshire (NH) | 16 | $18.3M | 1.5% |
| Illinois (IL) | 16 | $2.0M | 1.5% |
| Pennsylvania (PA) | 8 | $2.0M | 0.8% |
| Connecticut (CT) | 16 | $1.2M | 1.5% |
Why Choose Cambridge Savings Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 1,056 SBA loans approved, totaling $412.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, Glass and Glazing Contractors
- ✓Competitive Terms: Average interest rate of 7.60% with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $391K
- ✓Nationwide Reach: Active lending in 6 states, with strong presence in MA, NH, DC
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Cambridge Savings Bank SBA lending
What types of businesses does Cambridge Savings Bank typically finance?
Cambridge Savings Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, glass and glazing contractors, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Cambridge Savings Bank's typical SBA loan terms?
Cambridge Savings Bank's SBA 7(a) loans typically feature an average interest rate of 7.60% and average term length of 93 months (approximately 8 years). Loan sizes range from $10K to $5.0M, with an average loan size of $391K.
Do I need a business valuation for a Cambridge Savings Bank SBA loan?
Yes, Cambridge Savings Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Cambridge Savings Bank compare to other SBA lenders?
Cambridge Savings Bank has originated 1,056 SBA loans totaling $412.7M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Cambridge Savings Bank lend in?
Cambridge Savings Bank provides SBA 7(a) financing with particularly strong presence in MA, NH, DC, CT, IL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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